Is Tesla (tsla) In Trouble?

Discussion in 'Investment Charts' started by longtermbull, Jul 26, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    The shares are edging closer and closer to that $300 level - if they fall through that support level could be in big trouble.
     
  2. Chartman

    Chartman Senior Investor

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    They cant shake off that move towards $300 :)
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    And we are off and running again! Despite negative press comment and many analysts waiting for Tesla to run out of money, the shares constantly seem to defy gravity - how?
     
  4. Chartman

    Chartman Senior Investor

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    The share price is suggesting that Tesla may have solved production issues or recent concerns were overdone? I am not sure - I think there is more downside in the short term. Anyone looking at Tesla, ask yourself why analysts have been talking down the stock for months and why some believe it is a bankruptcy waiting to happen - no stock has ever polarised views like Tesla.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Can’t say I am a massive fan of Tesla in the short term but you have to wonder where the share price would have been but for this massive criticism and constant flow of negative reports from analysts. Elon Musk has been there and done it in the past, is he one step ahead of analysts today?
     
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